[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]



LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Subsidies not comparable for fossil fuels, renewables  

Credit:  Cape Cod Times, www.capecodonline.com 19 September 2010 ~~

Richard Elrick and Jim Demetras (Letters, Sept. 16) took issue with the criticism of the economics of wind power in my Sept. 13 commentary, “Wind turbines a poor investment.” They cite the high subsidies to fossil fuels in comparison to renewable energy.

Their numbers are misleading. For example, Mr. Elrick notes the International Energy Agency’s estimates that fossil fuels received $557 billion in subsidies worldwide in 2008 while renewables received only $46 billion. Fair enough, but global production of renewable energy that year was the equivalent of roughly 40 billion gallons of gasoline – a subsidy of $1.15 per gallon. World production of fossil fuels, on the other hand, totaled 3.5 trillion gallons of gasoline equivalent, so the subsidy was $0.16 per gallon. In other words, Mr. Elrick’s numbers show that the subsidy for renewables was seven times greater than the fossil fuel subsidy.

The real question here is whether any town on the Cape would install a wind turbine if the town had to pay its full cost. I very much doubt it.

Bruce Everett

Chatham

Source:  Cape Cod Times, www.capecodonline.com 19 September 2010

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

Wind Watch on Facebook

Follow Wind Watch on Twitter